"CEO compensation has grown 940% since 1978 Typical worker compensation has risen only 12%..."
Here's another perspective...
https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality
Do you honestly believe that CEOs are 940/12 times more productive than the average worker?...what's wrong with this picture?
The USA was strong and growing during the Eisenhower years when the maximum tax rate approached 90%...i.e. there was ZERO incentive for corporate boards to throw gobs of money at their CEOs, since the majority of it would go to the government, yet all industries were profitable and growing...and with the (unionized) labor force...this is historical fact...now look where we are...what changed?...look to the Reagan/Bush tax breaks for top earners and corps.
The operative word here is "Sharing"...something that many CEOs today are loathe to do.
https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality
Do you honestly believe that CEOs are 940/12 times more productive than the average worker?...what's wrong with this picture?
The USA was strong and growing during the Eisenhower years when the maximum tax rate approached 90%...i.e. there was ZERO incentive for corporate boards to throw gobs of money at their CEOs, since the majority of it would go to the government, yet all industries were profitable and growing...and with the (unionized) labor force...this is historical fact...now look where we are...what changed?...look to the Reagan/Bush tax breaks for top earners and corps.
The operative word here is "Sharing"...something that many CEOs today are loathe to do.
Link: https://www.epi.org/publication/ceo-compensation-2018/